Sundaram Services Fund vs Sundaram Small Cap Fund
Direct Plan, Growth option · Data as on 29-10-2026
Sundaram Services Fund is a Thematic fund and Sundaram Small Cap Fund is a Small Cap fund. In the 3 years to 30-10-2026, Sundaram Services Fund (Direct) returned 13.4% a year and Sundaram Small Cap Fund (Direct) returned 14.1% a year. Sundaram Services Fund charges 0.86% a year and Sundaram Small Cap Fund 1.00% (Direct plans). Their portfolios overlap 38.9%: they hold 29 of the same securities.
Sundaram Services Fund
Thematic
- 3 year return
- 13.4%
- Expense ratio
- 0.86%
- NAV
- ₹37.95
Sundaram Small Cap Fund
Small Cap
- 3 year return
- 14.1%
- Expense ratio
- 1.00%
- NAV
- ₹305.54
Which is better, Sundaram Services or Sundaram Small Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Sundaram Small Cap returned more over 5 years: 14.4% a year against 11.6%.
- Sundaram Small Cap returned more over 3 years: 14.1% a year against 13.4%.
- Sundaram Services costs less: 0.86% a year against 1.00% (Direct plans).
- Sundaram Services swung less over 3 years: a standard deviation of 14.1% a year against 16.6%.
- Sundaram Services fell less in its worst fall since 25-09-2018: −39.6% against −42.5%.
- Sundaram Services holds more in large companies: 51.1% of the fund in large caps against 9.9%.
- Sundaram Services is the larger fund: ₹4,999 Cr against ₹4,107 Cr.
- Their portfolios overlap 38.9%: 29 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Sundaram Services Fund | Sundaram Small Cap Fund |
|---|---|---|
| Fund house | Sundaram Mutual Fund | Sundaram Mutual Fund |
| Category | Thematic | Small Cap |
| AUM | ₹4,999 Cr (30-09-2026) | ₹4,107 Cr (30-09-2026) |
| NAV | ₹37.95 (Direct) | ₹305.54 (Direct) |
| Expense ratio (Direct) | 0.86% | 1.00% |
| Expense ratio (Regular) | 1.95% | 2.03% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Services Sector TRI | Nifty Smallcap 250 TRI |
| Launch date | 21-09-2018 | 01-02-2005 |
| Minimum investment | ₹100 | New Investor – Rs.100/- |
| Lock in | None | None |
| Fund managers | Rohit Seksaria, Shalav Saket | Rohit Seksaria, Shalav Saket |
| Exit load | Nil - If up to 25% of the units invested are redeemed or withdrawn by way of SWP within 365 days from the date of allotment. Any redemptions or withdrawals by way of SWP in excess of the above mentioned limit would be subject to an exit load of 1 % of the applicable NAV will be charged, if the units are redeemed within 365 days from the date of allotment of units For redemption or withdrawal by way of SWP after 365 days from the date of allotment - Nil. Further, exit load will be waived on Intra-scheme and Inter scheme Switchouts/STP. Generally, the exit load will be calculated on First in First out (FIFO) basis. | Nil - If up to 25% of the units invested are redeemed or withdrawn by way of SWP within 365 days from the date of allotment. Any redemptions or withdrawals by way of SWP in excess of the above mentioned limit would be subject to an exit load of 1 % of the applicable NAV will be charged, if the units are redeemed within 365 days from the date of allotment of units For redemption or withdrawal by way of SWP after 365 days from the date of allotment - Nil. Further, exit load will be waived on Intra-scheme and Inter scheme Switchouts/STP. Generally, the exit load will be calculated on First in First out (FIFO) basis |
Sundaram Services vs Sundaram Small Cap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Sundaram Services Fund (Direct) | −1.53% | −5.13% | +3.05% | −4.35% | +13.38% | +11.59% | -- |
| Sundaram Small Cap Fund (Direct) | −6.68% | −4.22% | +1.89% | +2.90% | +14.11% | +14.43% | +13.71% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
| Small Cap average | −5.86% | −3.28% | +5.03% | +3.00% | +14.03% | +14.51% | +16.19% |
Category average: the average of the 235 Thematic funds and the 36 Small Cap funds, same plan type.
Sundaram Services vs Sundaram Small Cap: Year-wise Returns
| Year | ServicesSundaram Services | Small CapSundaram Small Cap |
|---|---|---|
| 2026to date | −3.58% | +5.79% |
| 2025 | +11.88% | +1.48% |
| 2024 | +19.27% | +20.41% |
| 2023 | +29.56% | +46.91% |
| 2022 | +4.65% | −0.92% |
| 2021 | +46.78% | +61.97% |
Sundaram Services vs Sundaram Small Cap: Rolling Returns
Every holding period of both funds, against Nifty Services Sector TRI, the benchmark of Sundaram Services Fund
Rolling returns
Every 3-year holding period, 1,255 of them, one for each trading day from 27-09-2021 to 29-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Sundaram Services Fund (Direct)
Sundaram Small Cap Fund (Direct)
Nifty Services Sector TRI
to
Feb 2022Jan 2020
to
Jan 2023Nov 2020
to
Nov 2023Sept 2021
to
Sept 2024Aug 2022
to
Aug 2025Jun 2023
to
Jun 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sundaram Services | 0.0 | 0.0 | 0.0 | 4.7 | 34.2 | 31.1 | 30.0 | 22.4% | 21.6% | 11.8% | 37.4% | 100% |
| Sundaram Small Cap | 0.0 | 0.0 | 0.0 | 1.0 | 18.6 | 33.2 | 47.2 | 25.6% | 24.5% | 13.3% | 45.2% | 100% |
| Nifty Services Sector TRI | 0.0 | 0.0 | 18.8 | 47.6 | 19.2 | 11.7 | 2.7 | 14.0% | 12.8% | 5.6% | 30.1% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Services Sector TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 25-09-2018. Past returns do not promise future returns.
Sundaram Services vs Sundaram Small Cap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 25-09-2018 to 29-10-2026: 98 instalments, ₹9,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Sundaram ServicesSundaram Services Fund (Direct) | ₹9,80,000 | ₹19,75,203 | ₹9,95,203 | 16.7% |
| Sundaram Small CapSundaram Small Cap Fund (Direct) | ₹9,80,000 | ₹22,11,230 | ₹12,31,230 | 19.3% |
Sundaram ServicesSundaram Services Fund (Direct)
Sundaram Small CapSundaram Small Cap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Sundaram Services vs Sundaram Small Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Sundaram Services Fund (Direct) | Sundaram Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.35% | +2.90% |
| Standard deviation | 15.57% | 17.68% |
| Sharpe ratio | -0.62 | -0.13 |
| Sortino ratio | -0.85 | -0.19 |
| Maximum drawdown | −17.2% (31-03-2026) | −16.1% (23-03-2026) |
| Beta | 0.95 | 0.93 |
| Alpha | +3.60% | +5.47% |
From daily NAVs, 29-10-2025 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Sundaram Services Fund (Direct) | Sundaram Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.38% | +14.11% |
| Standard deviation | 14.09% | 16.61% |
| Sharpe ratio | 0.52 | 0.49 |
| Sortino ratio | 0.72 | 0.66 |
| Maximum drawdown | −17.2% (31-03-2026) | −23.8% (03-03-2025) |
| Beta | 0.89 | 0.83 |
| Alpha | +4.47% | +2.83% |
From daily NAVs, 27-10-2023 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Sundaram Services Fund (Direct) | Sundaram Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.59% | +14.43% |
| Standard deviation | 14.00% | 15.86% |
| Sharpe ratio | 0.41 | 0.54 |
| Sortino ratio | 0.56 | 0.73 |
| Maximum drawdown | −17.4% (20-06-2022) | −23.8% (03-03-2025) |
| Beta | 0.85 | 0.82 |
| Alpha | +5.99% | +2.65% |
From daily NAVs, 29-10-2021 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Sundaram Services Fund (Direct) | Sundaram Small Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.89% | +17.09% |
| Standard deviation | 16.10% | 17.71% |
| Sharpe ratio | 0.78 | 0.62 |
| Sortino ratio | 1.05 | 0.83 |
| Maximum drawdown | −39.6% (23-03-2020) | −57.1% (24-03-2020) |
| Beta | 0.78 | -- |
| Alpha | +8.33% | -- |
From daily NAVs, 25-09-2018 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Sundaram Services Fund (Direct)
Sundaram Small Cap Fund (Direct)
Nifty Services Sector TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Sundaram Services Fund (Direct) | −39.6% | 19-02-2020 | 23-03-2020 | 04-12-2020 | 8 months | −7.6% |
| Sundaram Small Cap Fund (Direct) | −42.5% | 28-05-2019 | 24-03-2020 | 23-11-2020 | 8 months | −9.5% |
| Nifty Services Sector TRI | −40.0% | 14-01-2020 | 23-03-2020 | 10-11-2020 | 8 months | −8.5% |
From daily values since 25-09-2018, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Sundaram Services Fund (Direct)
Sundaram Small Cap Fund (Direct)
Nifty Services Sector TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Sundaram Services Fund (Direct)
Sundaram Small Cap Fund (Direct)
Nifty Services Sector TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Sundaram Services Fund (Direct)
Sundaram Small Cap Fund (Direct)
Nifty Services Sector TRI
Against Nifty Services Sector TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Sundaram Services Fund (Direct) | 103% | 71% | 7.67% |
| Sundaram Small Cap Fund (Direct) | 108% | 72% | 13.95% |
From month-end values since 25-09-2018. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Sundaram Services vs Sundaram Small Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Sundaram Services Fund, September 2026; Sundaram Small Cap Fund, September 2026
Holdings in common
- Overlap
- 38.9%
- Held by both
- 29
- Only in Sundaram Services
- 26
- Only in Sundaram Small Cap
- 46
| Security | % of Sundaram Services | % of Sundaram Small Cap |
|---|---|---|
| Eternal Ltd (Previously Zomato Ltd) | 6.10% | 3.16% |
| Rate Gain Travel Technologies Ltd | 2.90% | 3.18% |
| PNB Housing Finance Ltd | 2.57% | 2.61% |
| Aster DM Healthcare Ltd | 2.26% | 2.83% |
| Affle (India) Ltd | 2.13% | 2.62% |
| Interglobe Aviation Ltd | 4.17% | 2.08% |
| Cholamandalam Financial Holdings Ltd | 2.29% | 1.92% |
| Axis Bank Ltd | 4.58% | 1.86% |
| Adani Ports and Special Economic Zone Ltd | 3.92% | 1.71% |
| Aavas Financiers Ltd | 1.64% | 1.42% |
| Info Edge (India) Ltd | 2.64% | 1.25% |
| Chalet Hotels Ltd | 1.12% | 1.38% |
| Angel One Ltd | 1.12% | 1.41% |
| Bandhan Bank Ltd | 1.77% | 1.11% |
| Five-Star Business Finance Ltd | 1.10% | 1.09% |
| Ujjivan Small Finance Bank Ltd | 1.02% | 1.45% |
| Sapphire Foods India Ltd | 1.20% | 1.00% |
| Delhivery Ltd | 1.10% | 0.97% |
| OnEMI Technology Solutions LTD | 0.95% | 1.31% |
| Equitas Small Finance Bank Limited | 0.89% | 1.20% |
| Senco Gold Ltd | 1.05% | 0.88% |
| Medi Assist Healthcare Services Ltd | 0.80% | 0.92% |
| Prudent Corporate Advisory Services Ltd | 0.77% | 1.09% |
| CSB Bank Ltd | 0.75% | 0.94% |
| 364 Days - T Bill - 20/05/2027 | 0.96% | 0.75% |
| One 97 Communications Ltd | 2.68% | 0.73% |
| R Systems International Ltd | 0.61% | 0.69% |
| UTI Asset Management Co Ltd | 0.54% | 0.56% |
| Westlife Foodworld Ltd | 0.53% | 0.76% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 38.9% means 38.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Sundaram Services Fund
| Security | % of fund |
|---|---|
| Bharti Airtel Ltd | 5.06% |
| Reliance Industries Ltd | 3.84% |
| ICICI Bank Ltd | 2.85% |
| Kotak Mahindra Bank Ltd | 2.71% |
| Apollo Hospitals Enterprise Ltd | 2.69% |
Largest holdings only in Sundaram Small Cap Fund
| Security | % of fund |
|---|---|
| MTAR Technologies Ltd | 5.03% |
| S.J.S. Enterprises Ltd | 3.17% |
| Safari Industries (India) Ltd | 2.24% |
| DCB Bank Ltd | 2.09% |
| EID Parry India Ltd | 2.02% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Sundaram Services | Sundaram Small Cap |
|---|---|---|
| Equity | 96.4% | 95.9% |
| Debt | 1.0% | 0.8% |
| Cash and others | 2.7% | 3.4% |
Market cap of stocks
| Market cap | Sundaram Services | Sundaram Small Cap |
|---|---|---|
| Large Cap | 51.1% | 9.9% |
| Mid Cap | 14.0% | 6.0% |
| Small Cap | 30.0% | 77.7% |
| Foreign stocks | 0.7% | 0.0% |
| Not on AMFI's list | 0.6% | 2.3% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Sundaram Services | Sundaram Small Cap |
|---|---|---|
| Banks | 17.0% | 8.7% |
| Finance | 13.9% | 8.3% |
| Retailing | 8.7% | 4.4% |
| Auto Components | 0.0% | 8.1% |
| Telecom - Services | 8.0% | 0.0% |
| Healthcare Services | 7.7% | 3.9% |
| Electrical Equipment | 0.0% | 6.9% |
| Consumer Durables | 3.6% | 6.3% |
| Industrial Products | 0.0% | 5.8% |
| It - Software | 5.4% | 3.5% |
The six largest sectors of each fund's stocks, % of the fund.
Sundaram Services vs Sundaram Small Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Sundaram Services Fund | Sundaram Small Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.86% | 1.00% |
| Base expense ratio (Direct) | 0.65% | 0.74% |
| Total expense ratio (Regular) | 1.95% | 2.03% |
| Base expense ratio (Regular) | 1.61% | 1.64% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Sundaram Services with
Sundaram Services Fund vs Sundaram Small Cap Fund: Frequently Asked Questions
What is the difference between Sundaram Services Fund and Sundaram Small Cap Fund?
Sundaram Services Fund is a Thematic fund, Sundaram Small Cap Fund is a Small Cap fund, run by Sundaram Mutual Fund. Their portfolios overlap 38.9%. Sundaram Services Fund charges 0.86% a year and Sundaram Small Cap Fund 1.00%.
Which has given higher returns, Sundaram Services Fund or Sundaram Small Cap Fund?
Over 1 year: Sundaram Services Fund −4.35%, Sundaram Small Cap Fund +2.90%. Over 3 years: Sundaram Services Fund +13.38% a year, Sundaram Small Cap Fund +14.11% a year. Over 5 years: Sundaram Services Fund +11.59% a year, Sundaram Small Cap Fund +14.43% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Sundaram Services Fund or Sundaram Small Cap Fund?
Sundaram Services Fund charges less: 0.86% a year against 1.00%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Sundaram Services Fund and Sundaram Small Cap Fund overlap?
38.9%. They hold 29 of the same securities, the largest shared ones being ETERNAL, RATEGAIN, PNBHOUSING. From each fund's latest monthly portfolio.
Which is riskier, Sundaram Services Fund or Sundaram Small Cap Fund?
On SEBI's riskometer, Sundaram Services Fund is rated Very High and Sundaram Small Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 14.09% and 16.61% a year.
Which is better for SIP, Sundaram Services Fund or Sundaram Small Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 29-10-2026 grew to ₹8,17,433 in Sundaram Services Fund (XIRR 11.5% a year) and ₹8,72,824 in Sundaram Small Cap Fund (XIRR 14.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Sundaram Services Fund and Sundaram Small Cap Fund?
Yes. 38.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Sundaram Services Fund and Sundaram Small Cap Fund?
Sundaram Services Fund: Rohit Seksaria, Shalav Saket. Sundaram Small Cap Fund: Rohit Seksaria, Shalav Saket.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.